Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 45.87 Million |
| USD 68.30 Million | |
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Global Frozen Food Packaging Market, By Material (Paper and Paperboard, Plastic, Metal, Other Packaging Materials), Type (Boxes and Carton, Bags and Pouches, Containers, Trays, Films and Wraps, Bottles and Jars, Others), Application (Meat, Poultry and Seafood, Ice Cream, Baked Goods, Fruit and Vegetables, Other Application) – Industry Trends and Forecast to 2030.
The frozen food packaging market trend has been growing rapidly due to higher demand for the packed frozen food products, and a strong retail system in developing countries. There is a huge dependency on ready-to-consume packaged frozen food products to preserve time. Recently, according to the consumer’s convenience, frozen food packaging provides various features such as the packings are resealable, lightweight and unbreakable, and is also capable of maintaining greenhouse gas emissions for creating an eco-friendly environment.
Data Bridge Market Research analyses that the frozen food packaging market is expected to reach USD 68.30 million by 2030, which is USD 45.87 million in 2022, registering a CAGR of 5.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Packaging Material (Paper and Paperboard, Plastic, Metal, Other Packaging Materials), Packaging Type (Boxes and Carton, Bags and Pouches, Containers, Trays, Films and Wraps, Bottles and Jars, Others), Application (Meat, Poultry and Seafood, Ice Cream, Baked Goods, Fruit and Vegetables, Other Application)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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AVPack Plastic Manufacturers (South Africa), Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China), Natural Value Inc. (U.S.), Coveris (U.K.), Shenzhen Chengxing Packing and Material Co.Ltd (China), Four Star Plastics (U.S.), AMERICAN MANUFACTURE COMPANY (U.S.), The Clorox Company (U.S.), Polyvinyl Films, Inc (U.S.), ECPlaza Network Inc (China), Shenzhen Bull New Material Technology Co., Ltd (China), SHENZHEN XINTENG PACKAGING CO., LIMITED (China), Reynolds Consumer Products (U.S.), XINJIANG RIVAL TECH CO.,LTD (China), Berry Global Inc (U.S.), Amcor plc (Switzerland), Sealed Air (U.S.), Mondi (U.K.), Sonoco Products Company (U.S.)
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Market Opportunities
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Market Definition
Frozen food packaging helps to preserve frozen food products from the time it is prepared to the time it is consumed. The frozen food packaging aids to maintain original texture, color, flavor and commonly more nutrients preserved by other methods. Generally, meat, seafood, frozen desserts, ice creams, fruits and vegetables, and baked goods are packaged in bags, wrappers, pouches, boxes, tubs and cups, and trays.
Drivers
Ziploc bag is a significant example of the packaging of frozen food. This type of bag is available in various shapes and sizes and can be used for dairy food and storing meat. For instance, dairy products can be frozen in freezer bags because these are perfect for usage at short periods of time and saving space. These bags offer several benefits, such as technical advantages and the ability to tolerate temperatures, further increasing the demand for these bags for packaging frozen food and expected to drive the market growth rate.
Material selection for the packaging of frozen food plays an important role because the selected material should be leakage-proof, durable, moisture resistant and should also be able to preserve the nutritional value, colour, texture, and the flavour of the frozen food. Furthermore, it should be able to avoid the dehydration and degradation of frozen food and should have good temperature stability during storage and transportation. Therefore, increasing importance of material selection for frozen food packaging is anticipated to drive the market growth.
Opportunities
Organized retail stores are an important part of large retail chains that have a major availability in the global market. The growth and expansion in the organized retail chain is directly increase the sales of the frozen food products which eventually surge the demand for frozen food packaging solutions in the industry. For instance, Walmart is anticipated to host more than 11,000 stores globally, and Amazon is projected to open above 3,000 cashier-less stores by 2021. Hence, the demand for frozen food packaging increases, which will be expected to create immense market growth opportunities during the forecast period.
Technological advancements such as improved packaging designs for frozen food to store, protect, and promote them also play an important role in augmenting the demand for the frozen food packaging during the forecast period. Furthermore, several value-added features such as top notches, zippers and the usage of high quality graphics further generate immense opportunities for market growth.
Restraints/ Challenges
Frozen food packaging solution helps to preserve food dehydration and spoilage and maintain longer shelf life of frozen food products. These packaging solution for frozen food keep the food moisture, leak-proof, puncture-resistant, resistant and reliable enough to oppose heavy drop weight. The frozen food packaging firms is progressively using plastic packaging due to their excellent stopper properties to preserve food contents from physical factors such as light, moisture and oxygen. As a result, the harmful effects of plastic are getting inculcated in the food products thus, hampering the heath of the people. This factor is hampering the growth of the market during the forecast period.
This frozen food packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the frozen food packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
The frozen food packaging market is segmented on the basis of material, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
Type
Application
The frozen food packaging market is analyzed and market size insights and trends are provided by country, material, type and application as referenced above.
The countries covered in the frozen food packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the frozen food packaging market in terms of market share and revenue owing to the growing demand for plastic based frozen food packaging in this region. Furthermore, growing preferences towards convenience foods will further increase the growth of the market in the region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to increasing demand and consumption of frozen food products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The frozen food packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to frozen food packaging market.
Some of the major players operating in the frozen food packaging market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Frozen Food Packaging Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Frozen Food Packaging Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.